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In his new role, Lee will advise law enforcement and tax agencies on how they can better fight crypto crime with Chainalysis’ data.

The three crypto companies have together raised a total of $2 billion.

The bridge leverages Chainlink's CCIP tech, and allows users to transfer crypto assets across multiple blockchains, starting with Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, Polygon, and WEMIX.

Chainlink's service is an integral part of many major blockchains but has not featured on Bitcoin until now.

Automating and standardizing corporate actions data could help significantly reduce operational inefficiencies that currently cost businesses millions of dollars every year due to errors and manual data processing, the report said.

The integration allows developers to build cross-chain use cases via Chainlink's CCIP that involve multichain transfers of Circle's USDC stablecoin.

Chainlink hopes CRE will be as important for Web3 as COBOL and JavaScript, which were important for automating finance and bringing it to the internet.

Analysts consider LINK as the safest bet to profit from the tokenization narrative.

The pilot was run as part of the Monetary Authority of Singapore's Project Guardian.

Solend and Kamino were the biggest winners in the Solana DeFi landscape.